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German startups move into new Frankfurt-based fintech hub ‘The Spot’

Ginmon, a Germany-based Robo Advisor firm, has moved into the new center ‘The Spot’, a Frankfurt fintech hub, along with other fintech startups in order to settle in the city’s financial district, Finextra reported.

Ginmon’s new office is close to the financial district and The Spot has new accommodation of 400 square meters.

“The new location symbolizes our image as a reachable and accessible financial service provider. The city of Frankfurt matches with our global ambitions”, Lars Reiner, founder and managing director of Ginmon, explained.

Apart from Ginmon, other fintech companies that are based on ‘The Spot’ include the fintech incubator MainIncubator, digital payment service providers Billwerk, M&A-Counseling Clairfield and Digital+ Partners, venture capitalist specialized in fintechs. The services are rounded off by the co-working-center Beehive.

The Spot enables young Frankfurt’s fintechs to organize among themselves and network with each other. The Spot is the eighth among the German FinTech centers including TechQuartier in the Pollux-Tower, the FinTech-Hub at the Deutsche Börse, the FinTech Headquarter in Münchener Straße, VABN at Westbahnhof, FinTech Group at Westhafe, among others.

By Sujha Sundararanjan
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